The markets were mixed on Thursday while investors closed a shortened week. (The markets will be closed tomorrow in the United States for Good Friday.) The S&P was up 7 points to close at 5,282. The NASDAQ dropped by 20 points to close to 16,286, while the DOW closed 527 points to 39,142.
The DOW was planned for the historic divergence of the S&P 500 after a plunge of the most weighted actions in the index, Unitedhealth Group, which missed the profits and, in the middle of the afternoon, a drop of 22%. “Although the main clues generally move together, today’s decision is a rare occasion where a high price stock in Dow industrialists makes a disproportionate decision that creates a divergence,” said Michael O’Rourke, market chief strategist in Jonestrading Tell Bloomberg.
Meanwhile, President Trump argued with the president of the Fed, Jerome Powell, writing in a position early Thursday that “Powell’s termination cannot come quickly enough!” As Fortune wrote: “The early morning dam came after Powell gave a public speech to the Chicago Economic Club on Wednesday. Trump restored his conviction of the years that Powell should reduce interest rates faster.” “Too late” Jérôme Powell of the Fed, who is still too late and badly late, published yesterday a report that was another, typical, complete, “” wrote Trump. “”
- Netflix exchanged about 1.5% today while investors awaited the benefits of the company’s T2, which they had to announce just after the closing bell.
- Hertz was exchanging a little more than 2 or 38% in the middle of the afternoon for the news that Bill Ackman Pershing Square Capital Management had taken a 4% stake in the car rental company after its 2020 bankruptcy.
- Eli Lilly increased by around 16% in the middle of the afternoon after publishing promising news on his oral diabetes and her weight loss medication that would compete with popular GLP-1 injections.
- This was a failure of a year for offers, but Fa climbed almost 10% on the news that he sold Worldpay to world payments in an agreement with three complicated worth 24 billion dollars. As FortuneReported that Luisa Beltran, the agreement is a huge victory for Stephanie Ferris, considered the most powerful woman in Fintech. Beltran wrote: “The sale of Worldpay is a” Home Run “for Ferris and Fis, said Dan Dolev, principal research analyst on Fintech actions in Mizuho Securities USA.” It is a stroke of control of the offer. [Ferris is] The art of agreement. It’s not Trump, it’s Stéphanie. She should negotiate with China, “said Dolev.”
This story was initially presented on Fortune.com
